Global World Citizen

Mark Zuckerberg suggests that Meta is investing billions of dollars in Nvidia AI chip

Meta is investing billions of dollars in Nvidia’s widely used computer chips, integral to artificial intelligence (AI) research and projects. Mark Zuckerberg revealed in an Instagram Reels post that Meta’s AI-focused “future roadmap” requires the establishment of a substantial compute infrastructure. By the end of 2024, this infrastructure is expected to incorporate 350,000 H100 graphics …

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The valuation of Apple stock appears high compared to the other members of the ‘Magnificent Seven.’

Apple Inc.’s stock, which performed well in 2023, is starting 2024 with challenges that raise concerns about its valuation for investors. The company has shifted into a slow-growth phase, experiencing a lack of year-over-year revenue growth in the past four quarters, primarily relying on its iPhone business, which faces innovation stagnation, affecting consumer device upgrades …

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